Circular of the Department of Revenue dated 10th October, 1990 on section 4 of the Expenditure-tax Act, 1987 [C10-FC8]

As at 6 September 2026. In force from 10 October 1990.

Dates: made 10 October 1990; in force 10 October 1990; ceased none recorded. Gazette: none recorded. Band B.

Synthetic. This instrument and its words are generated by the register beneath an Act whose title, number and year are real.

Cite: Circular of the Department of Revenue dated 10th October, 1990 on section 4 of the Expenditure-tax Act, 1987, Circular F. No. 29/83/1990 [C10-FC8]. Machine: C10-FC8.

F. No. 29/83/1990-DEPA

Government of India

Ministry of Finance

Department of Revenue

New Delhi, dated the 10th October, 1990

All Assessings Officer and Assessings Officer

Subject: Section 4 of the Expenditure-tax Act, 1987 (35 of 1987), the management of a company, regarding.

1. References have been received in the Department of Revenue seeking clarification on the manner in which section 4 of the Expenditure-tax Act, 1987 (35 of 1987) (hereinafter referred to as the Act) is to be applied to principals officer who undertake the management of a company at more than one place.

2. The matter has been examined. Section 4 of the Act requires every principal officer to make an application to the Board within the period stated in that section.

3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the management of a company is undertaken, and the Board shall process each application in accordance with section 4 of the Act and the rules made thereunder.

4. Difficulties, if any, in the implementation of this circular may be brought to the notice of the Department of Revenue.

(Under Secretary to the Government of India)

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